
Gas outlook: prices, storage levels & security of supply perspectives
Since the start of 2025, Europe’s gas markets have experienced significant pressures, with supply and demand remaining delicately balanced. Prices have risen compared to the previous year, driven by geopolitical tensions in the Middle East and Russia, supply disruptions, low storage levels, a constrained balance between LNG supply and demand,
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Each month, one of our experts publishes an article describing his view on a specific topic of the constant changes taking place in the energy market, with special focus on the French market.

The French capacity mechanism still has a few tricks up its sleeve!
It’s becoming a habit; every HES Newsletter includes an article about the French capacity mechanism. At this rate, we’ll end up making it a

The ARENH and TRVs are trying to fit (into) the new Energy and Climate law
In the beginning, it was only meant to be a bill for correcting a minor issue – practically a typo or oversight on the

2018, a record year for gas
In a report made public on Friday 7 June (Gas 2019), the International Energy Agency (IEA) states that the demand for natural gas grew

Energy: extinction of the dinosaurs… Petroleum Rex versus Nukeonosaurus?
The process was triggered on a large scale in the months following the Fukushima accident, with the German decision to decommission nuclear power plants.

Brexit and the energy market
Every day, energy market analysts comment, systematically and seemingly without any particular rules, on market movements and outlooks (bullish, bearish or stable) with respect

French capacity certificates are being traded at €20K/MW for 2020 supply. EDF is securing the market
On 21 March, the first auction of capacity certificates for the 2020 year resulted in an exchange of 4.17 GW with a price of

Third Party Access to storage compensation for 2019: CRE decision of 14 March 2019
In its latest newsletter, the CRE [French Energy Regulatory Commission] provided an update on the 2019-2020 storage capacity auctions and published the storage compensation

The future of French nuclear power is finally unveiled
[This article was based on information available as of January 18, 2019 and the EPP has since been published. And its content is consistent with

The cost of CO2 in French electricity: tax and/or market? Double the punishment
While the debate surrounding the ‘yellow vests’ seemed to focus primarily on the taxation of hydrocarbons – CO2-emitting fossil fuels -, the issue of